Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES |
Subtitle C. LIFE, HEALTH, AND ACCIDENT INSURERS AND RELATED ENTITIES |
Chapter 841. LIFE, HEALTH, OR ACCIDENT INSURANCE COMPANIES |
Subchapter C. AUTHORITY TO ENGAGE IN BUSINESS |
Sec. 841.101. CERTIFICATE OF AUTHORITY REQUIRED
Latest version.
-
A domestic insurance company may not engage in the business of insurance in this state, except for the lending of money, without first obtaining from the commissioner a certificate of authority that:
(1) shows that the company has fully complied with the laws of this state; and
(2) authorizes the company to engage in the business of insurance in this state.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.